iShares Climate Conscious & Transition MSCI USA ETF (NASDAQ:USCL) Sees Strong Trading Volume After Dividend Announcement

iShares Climate Conscious & Transition MSCI USA ETF (NASDAQ:USCL) shares saw unusually-high trading volume on Tuesday after the company announced a dividend. Approximately 90,080 shares changed hands during trading, an increase of 172% from the previous session’s volume of 33,115 shares.The stock last traded at $67.01 and had previously closed at $67.96.

The newly announced dividend which will be paid on Friday, March 21st. Shareholders of record on Tuesday, March 18th will be given a dividend of $0.1969 per share. The ex-dividend date of this dividend is Tuesday, March 18th.

iShares Climate Conscious & Transition MSCI USA ETF Price Performance

The company has a market cap of $2.20 billion, a price-to-earnings ratio of 26.16 and a beta of 1.00. The firm has a fifty day simple moving average of $71.26 and a 200 day simple moving average of $70.39.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in iShares Climate Conscious & Transition MSCI USA ETF stock. Atlantic Union Bankshares Corp purchased a new stake in iShares Climate Conscious & Transition MSCI USA ETF (NASDAQ:USCL) during the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 165,796 shares of the company’s stock, valued at approximately $11,667,000. Atlantic Union Bankshares Corp owned about 0.51% of iShares Climate Conscious & Transition MSCI USA ETF as of its most recent filing with the Securities & Exchange Commission.

About iShares Climate Conscious & Transition MSCI USA ETF

The iShares Climate Conscious & Transition MSCI USA ETF (USCL) is an exchange-traded fund that mostly invests in stocks based on a particular theme. The fund tracks a market cap-weighted index of large- and mid-cap US companies selected as leaders in their respective GICS sectors in managing the transition to a low carbon economy, as determined by MSCI.